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HomeMy WebLinkAboutIV.E. HEDRA Resolution No. 2022-03 - Approving Facade Improvement Program Grant for 103 2nd Street ECITY OF HASTINGS DAKOTA AND WASHINGTON COUNTY, MINNESOTA HEDRA RESOLUTION NO. 2022-03 A RESOLUTION OF THE HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY (HEDRA) APPROVING FAÇADE IMPROVEMENT PROGRAM GRANT FOR 103 2nd STREET E WHEREAS, on November 10th, 2021 HEDRA adopted a Façade Improvement Program; and WHEREAS, HEDRA received an application from Cedarton, LLC (“Applicant”) for eligible improvements at 103 2nd Street E; and WHEREAS, the Hastings Preservation Commission (HPC) reviewed the proposed scope of work and approved of the project at its meeting on November 16, 2021; and WHEREAS, the total eligible expenses for the replacement of the building awning has a cost of $5,350.00 with the full $5,350.00 as eligible expenses; and WHEREAS, the Façade Improvement Program requires a 1:1 match of private dollars to any grant dollars provided by HEDRA; and WHEREAS, grant dollars shall be disbursed in a reimbursement fashion once the Applicant has completed all proposed improvements and received approval for all permits and associated inspections; and WHEREAS, the Applicant shall submit receipts for reimbursement within three (3) months of receiving grant approval or face forfeiture of the grant funds in their entirety; and NOW THEREFORE BE IT RESOLVED, that HEDRA approves of a Façade Improvement Program Grant to Cedarton, LLC in the amount of $2,675.00. ADOPTED BY THE HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY THIS 13TH DAY OF JANUARY 2022. AYES: NAYS: ABSENT: ___________________________ President _____________________________ Eric Maass, Secretary This instrument drafted by: City of Hastings 101 East 4th Street Hastings, MN 55033